Yixin Group Ltd. Reports 56.5% Increase in Financing Amount for Q1 2025, Driven by Fintech Growth and New Cooperative Projects

Reuters
13 May
<a href="https://laohu8.com/S/YIGRF">Yixin Group Ltd.</a> Reports 56.5% Increase in Financing Amount for Q1 2025, Driven by Fintech Growth and New Cooperative Projects

Yixin Group Ltd. has released its unaudited business update for the first quarter of 2025. The company reported a significant year-on-year increase of approximately 56.5% in its financing amount, reaching around RMB6.1 billion. The contribution from the Fintech (SaaS) business rose to approximately 39.9% of the Group's total financing amount during this period. Yixin Group also launched four new cooperative projects and strengthened its partnerships with state-owned commercial banks, including the Industrial and Commercial Bank of China. Additionally, the company's battery GAP product, introduced in 2023, saw around 13 thousand transactions in the first quarter of 2025, marking a year-on-year increase of approximately 38.0%. The announcement emphasizes that these figures are preliminary and based on unaudited management accounts, suggesting potential differences from future consolidated financial statements. Shareholders and potential investors are advised to exercise caution.

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